Brian is preparing a budget that shows the company's expected sales receipts and expenditures for the year, a projection of how much cash will be available each month, and the extent of outside financing the company might need. This is a _____ budget.
A)capital
B)cash
C)cost
D)production
E)sales

Question

Quizplus · Accepted Answer

A cash budget shows the anticipated receipts and expenditures, the amount of working capital available, the extent to which outside financing may be required, and the periods and amounts of cash available.

Brian Is Preparing a Budget That Shows the Company's Expected